About 1X Technologies
1X Technologies is a company based in Oslo (Norway) founded in 2014 by Bernt Oivind Bornich. 1X Technologies has raised $126.4 million across 4 funding rounds from investors including EQT Ventures, Sandwater and Skagerak Capital. 1X Technologies has completed 1 acquisition, including Kind Humanoid. 1X Technologies operates in a competitive market with competitors including Agility Robotics, Softbank Robotics, Apptronik, Unitree and Limx Dynamics, among others.
- Headquarter Oslo, Norway
- Founders Bernt Oivind Bornich
-
Sectors
Industrial Goods & Manufacturing
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$126.4 M (USD)
in 4 rounds
-
Latest Funding Round
$100 M (USD), Series B
Jan 11, 2024
-
Investors
EQT Ventures
& 8 more
-
Employee Count
Not available
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of 1X Technologies
1X Technologies has successfully raised a total of $126.4M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 1X Technologies
1X Technologies has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include EQT Ventures, Sandwater and Skagerak Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology and innovation sectors.
|
Locked | Locked | Locked | |
|
Sandwater is engaged in backing early-stage innovative companies.
|
Locked | Locked | Locked | |
|
Skagerak Capital is engaged in sustainable investment for value creation.
|
Locked | Locked | Locked |
Investor details for 1X Technologies
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by 1X Technologies
1X Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kind Humanoid.
Investment portfolio details for 1X Technologies
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Intelligent humanoid robots are developed for general-purpose tasks.
|
Locked | Locked | 2019 | Locked |
Complete acquisition details for 1X Technologies
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - 1X Technologies
Detailed financials for 1X Technologies
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
1X Technologies Comparisons
Peer comparison for 1X Technologies
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of 1X Technologies
1X Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Agility Robotics, Softbank Robotics, Apptronik, Unitree and Limx Dynamics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
|
|
| Locked | Locked | Locked |
Humanoid social robots are provided for homes and businesses.
|
|
| Locked | Locked | Locked |
Industrial robots and components are developed by the company.
|
|
| Locked | Locked | Locked |
Manufacturer of quadruped and humanoid robots for consumer, education, and industry
|
|
| Locked | Locked | Locked |
Legged robots are developed and manufactured by Limx Dynamics.
|
|
| Locked | Locked | Locked |
AI-powered robotic arms are developed for electronics and automobile assembly.
|
Detailed competitors of 1X Technologies
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 1X Technologies
Complete news archive for 1X Technologies
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about 1X Technologies
1X Technologies was founded in 2014 and raised its 1st funding round 3 years after it was founded.
1X Technologies is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Bernt Oivind Bornich is the current CEO of 1X Technologies. They have also founded this company.
1X Technologies is a funded company, having raised a total of $126.4M across 4 funding rounds to date.
Founded in 2014 and based in Oslo, Norway, humanoid AI-powered robots are developed by 1X Technologies for the robotics and AI sector. These robots are designed to support human workers and address labor shortages in the service industry. Operations focus on creating adaptable automation solutions that integrate into existing workflows, with deployment targeted at sectors facing personnel constraints.
1X Technologies's top competitors include Agility Robotics, Apptronik and Softbank Robotics.
1X Technologies has made 1 acquisition, including Kind Humanoid.
1X Technologies has 9 investors. Key investors include EQT Ventures, Sandwater, Skagerak Capital, Samsung NEXT, and Nistad.